Good evening, here are the coronavirus updates you should know this evening.
- Ontario Reaches Peak, Officials Say, Longer Care Situation Worsens
- House of Commons votes to meet in person once a week, with more video meetings
- Oil prices plunge into negative territory for fear of an oversupply and a fall in demand due to the coronavirus
- The debate is intensifying over when to lift restrictions on coronaviruses as protests break out in the United States.
Explanants of coronavirus: Essential Updates and Resources • Coronavirus in Maps and Graphics • Rules in Each Province
Photo of the day
– $ 37.63
West Texas Intermediate spot price plunged deep into negative prices on Monday, closing at less US $ 37.63 on fears of quickly filling storage demand and falling.
Global demand has dropped due to the COVID-19 pandemic and an overabundance of supply that has filled the storage tanks means that futures traders find very few buyers for their contracts which may expire soon, which questions who will take the actual delivery of the barrels.
Coronavirus in Canada
At least 36,671 cases have been reported, more than double the number 13 days ago. There have also been 12,498 recoveries and 1,681 deaths. Health officials administered more than 586,538 tests.
- Ontario health officials said the province had reached its peak in the coronavirus pandemic, but the situation in long-term care and group homes is worsening. Meanwhile, all inmates from the Ontario Correctional Institute in Brampton are transferred to another correctional facility in Toronto after an outbreak.
- Nearly 1,500 bus drivers and other public transport workers Metro Vancouver are laid off as TransLink faces a decline in ridership during the COVID-19 pandemic.
- Medical supply manufacturer AMD Medicom Inc. has announced that it will establish its first Canadian facility to manufacture N95 respirators for the domestic market near its headquarters in the Montreal area by July with financial assistance from the Quebec government.
- Cargill’s meat packing plant in the south Alberta is temporarily closed after being linked to more than 350 cases of the new coronavirus.
In Ottawa, the House of Commons has approved regular video meetings and one face-to-face meeting per week, rejecting calls by Conservative Leader Andrew Scheer for members to meet more often on the floor of the House of Commons.
- The Conservative Party refused to support an agreement reached over the weekend by the Liberals and other opposition parties, which would allow for one in-person session per week with a reduced number of members present.
- The House of Commons has already met twice recently in small numbers – March 25 and April 11 – to pass legislation approving new government programs in response to the pandemic.
As a result, the temporary suspension of Parliament expired on Monday and the House resumed at 11 a.m. without formal agreement to reduce the number of deputies in the chamber by 338 seats.
At least 2,440,809 confirmed cases worldwide; with 639,877 recoveries and 167,628 reported deaths.
- The debate intensified at United States when to lift restrictions to control the coronavirus epidemic, with protesters in some states calling the mandatory blockades “tyranny.”
- India and Singapore has announced its biggest day-long peaks in new cases of coronavirus, as the crisis deepens in parts of Asia.
- Iran began opening intercity highways and large shopping malls to boost its economy, playing that it has brought its coronavirus epidemic – one of the worst in the world – under control, although some fear it will lead to a second wave of infections.
- Religious authorities of United Arab Emirates Medical workers caring for coronavirus patients are exempt from fasting during Ramadan and urged Muslims not to gather to pray during the holy month which is due to begin this week.
- In Great Britain, Prince Philip, 98, made a rare statement to thank those involved in the fight against the COVID-19 pandemic.
- And: The British parliament is set to resume work on Wednesday as part of a hybrid system that will see up to 120 members of parliament using the Zoom videoconferencing platform, and 50 MPs allowed to sit in the chamber under physical distancing guidelines.
Coronavirus and business
Canadian banks are bracing for a shock to their loan portfolios that could wipe out a large chunk of second-quarter profits after major US lenders reported a large increase in expected credit losses last week.
- The four largest banks in the United States reported a combined total of $ 24 billion in provisions for credit losses, an increase of about 350% from the previous year.
- Canadian analysts are now compiling stress test scenarios to assess the severity of future losses for domestic banks, as the new coronavirus keeps much of the global economy stalled
Analysts said in the most pessimistic cases released this week, the provisions would have deeply absorbed banks’ capital reserves, but would not threaten their stability. And there are mitigating factors that could cushion the blow for Canadian lenders.
Question: Where are we with a vaccine?
Response from André Picard from the Globe: Around forty groups around the world are working on vaccines. A lot of promising things in vitro, in test tubes, we are doing well. Doing it in humans is much more difficult.
In reality, we are probably 18 months from a vaccine, maybe two years. Some more pessimistic researchers say that we will never have a vaccine. In fact, we have never had a vaccine against a coronavirus. Colds are a form of coronavirus. SARS and MERS are more deadly forms of coronavirus. We have never developed a vaccine for them. These are very delicate viruses – much more difficult than our childhood illnesses, like measles, where we have had vaccines for 50 years.
Globe Health Columnist André Picard answered readers’ questions about social distancing and many additional topics.
An act of kindness
Syrian tailor switches from prom dresses to medical dresses
Have you witnessed or performed acts of kindness in your neighborhood? Share your stories, photos and videos and they could be included in the Globe and Mail. E-mail [email protected]
April 22 is National Canadian Film Day; here is 24 hours of excellent Cancon ready to broadcast to celebrate
This year, Reel Canada, the nonprofit organization behind NCFD, has turned: Instead of hosting 1,000 in-person screenings and events across the country on April 22 as originally planned, the seventh annual NCFD will be a digital affair.
An interactive livestream will air Wednesday from 6 p.m. to 10 p.m., featuring conversations with local film heroes like Atom Egoyan, Mina Shum, Philippe Falardeau, Don McKellar and Colm Feore, and Reel Canada has offered an organized list of where to find the best Canadian Movies on Canadian streaming services and TV channels.
So to help find the deals, The Globe and Mail presents its own list of Canadian films in sufficient numbers – all available for broadcast, and often free if they’re on CBC Gem – to schedule your own National Canadian Film Day 24 hours. Find the list here.
More reports and opinion on the Globe
- Statistics Canada reports that wholesale sales rose 0.7% to $ 67.5 billion in February, even though sales were affected by train blockages and the first effects of COVID-19.
- John Doyle: ” Frontline: Coronavirus Pandemic is new, not topical but deeply serious and intended to be a study of what happened in Washington State, where the virus first landed, and how the government of Washington responded. “
- Bo Zheng: “Managing a medical illness is not the same as waging a war. When people die from a disease like cancer or COVID-19, it doesn’t mean they “lost the battle,” that they lacked resolve or moral, or that the health care team did not “fight enough”.
- Jean Marmorio: “In response to COVID-19, the 124th edition of [Boston Marathon] will now take place on September 14, which will give us a year and a half of runners since the last marathon to train for the next one. Ugh. The pandemic has created an uncertain and trying period, which reminds me of the Boston Marathon that I finished on April 15, 2013. “
- Angela Mondou and Colin Deacon: “The term ‘public procurement’ generally means complex processes, red tape, long delays and high costs. The COVID-19 pandemic is changing that – and quickly. “
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Do you have questions about the coronavirus? E-mail [email protected].